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PM lays foundation stone for Navi Mumbai International Airport

PM Narendra Modi on Sunday laid the foundation stone for Rs 16,700 crore Navi Mumbai International Airport. The first phase of the construction is expected to be completed by December 2019. The project is going to be implemented 21 years after it

Health groups irked by the SC order on vaccine PSUs

Health groups have expressed their disappointment with a February 12 order of the supreme court, refusing to review or recall an earlier order disposing off a case against the mala fide suspension of the vaccine public sector units (PSUs) and gove

Cut government stake below 50% in banks: Assocham

The Punjab National Bank`s fraudulent transactions worth Rs 11,300 crore should act as a strong trigger for the government for reducing its stake to less than 50 percent in the banks which should then be allowed to work on the lines of private sec

PNB fraud: Why we need banking reforms

Billionaire jeweller Nirav Modi, whose properties are being searched after Punjab National Bank reported a massive fra

Gender based atrocities happens across the world: Dr Rashmi M Oza

“Gender based discrimination is worldwide and not alone in India. Offences against women are much more severe in cases of international trafficking, forced prostitution and pornography, women including migrant and refugee women face double b

Rashtrapati Bhawan hosts LPG Panchayat for beneficiaries

A group of 104 women beneficiaries of the Pradhan Mantri Ujjwala Yojana participated and shared their experiences at LPG Panchayat organised at the Rashtrapati Bhawan on February 13. The women delegation, falling under the BPL categ

Bengaluru metro gets coach unit from BEML

BEML Ltd, a defence PSU, has delivered the first intermediate metro coach (car) unit to Bengaluru Metro Rail Corporation Limited (BMRCL). The intermediate car would be integrated with the existing three-car train sets to double the

BHEL gets order for emission control equipment from NTPC

BHEL has got Rs 560 crore order for the supply and installation of flue gas desulphurisation (FGD) system from NTPC for 2x490 MW National Capital Power Station (NCPS). The Indian power sector has seen an uptick in the ordering of em

UBI: The devil is in the detail

Instituting Universal Basic Income (UBI) requires public support spanning demographic lines, executive backing, and strong macroeconomic fundamentals. Weaken any leg of this tripod, and the redistributive preferences of any government may shift in

Rs 11,000 crore fraud and an absconding billionaire

Investigating agencies are looking for Nirav Modi, a billionaire jeweller, after Punjab National Bank reported a massive fraud of Rs 11,000 crore at a branch in Mumbai. The story so far: Nirav Modi is

50 years of fruitless fight against anaemia

India has not been able to tackle anaemia among women and children despite launching a targeted programme nearly 50 years back. National Nutritional Anaemia Prophylaxis’s programme (NNAPP) was launched in 1970 to prevent nutri

Railways filled only 0.89% safety vacancies in four years

After every major accident Indian Railways claims that it would intensify efforts to fill safety category vacancies to reduce the count of fatal accidents. But data shows something else and reveals railways’ callousness toward

Political parties used only a third of what they collected for electioneering

National and regional parties collected a total of Rs 1503.21 crore and incurred a total expenditure of Rs 494.36 crore towards the five state assembly elections held in 2017, observed the Association for Democratic Reforms in its analysis of fund

HAL conducts maiden flight of Hawk-i

Hindustan Aeronautics Limited (HAL) has achieved a milestone with the first flight of Hawk-i. The aircraft is equipped with indigenous real time operating system (RTOS) developed by the defence enterprise. HAL, CMD, T Suvarna Raju,

SAIL clocks Rs 82 crore profit before tax in Q3

Steel Authority of India Ltd (SAIL) has earned profit before tax (PBT) of Rs 82 crore in the third quarter of the current financial year (Q3 2018FY).   Maintaining strong and earnings before interest, taxes, depreciation

Doubling farmers’ income: Is Budget 2018 in the right direction?

 Farmers need higher returns for their produce to experience increased farm income. The government has continuously promised farmers at least 50 percent higher returns than the cost of their produce. In the backdrop of these assurances, it is

India’s NPAs higher than those in the US, UK, China, Japan

The Reserve Bank of India (RBI) has informed that from country-wise data on ratio of non performing loans to total gross loans available on the International Monetary Fund database, it is observed that the ratio for India compares adversely with t

NALCO posts 171% growth in net profit

National Aluminium Company Limited (NALCO), country’s leading manufacturer and exporter of alumina and aluminium, has clocked a record net profit of Rs 722 crore (growth of 207 percent), as against Rs 235 crore in the preceding quarter and R

A third of chief ministers have criminal cases: ADR

A staggering 35 percent out of all 31 chief ministers analysed from state assemblies and union territories 11 chief ministers have declared criminal cases against themselves, said Association for Democratic Reforms (ADR) & National Election Wa

Municipalities need to be financially empowered: Experts

Municipalities in India have a long way to go in gaining access to buoyant revenue sources from states, utilising such revenue sources optimally through effective assessments, billings and collections, discovering and implementing cost recovery me

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